Ref ID: 04730-9502567143
Classification: Loan Closer
Compensation: $16.00 to $18.00 hourly
Summary: The main function of a Loan Closer is to prepare and verify closing documents during the completion of real estate transactions. A typical Loan Closer is responsible for coordinating all aspects of the closing process, ensuring that all terms of the sale are met. Job Responsibilities: • Ensure necessary documentation is obtained and reviewed prior to closing/disbursing • Review and clear all underwriting stipulations in an efficient, accurate and time-sensitive manner • Adhere to all State, Federal, and organizational regulations and guidelines • Enter loan applications into the data processing systems and track the loan progress as needed • Assure accurate, timely, and efficient support of the Financial Service Representatives through a cooperative effort • Open, close and process accounts and services generated by Financial Service Representatives in a back office capacity • Responsible for compliance with the Fair and Accurate Credit Transactions Act (FACTA), the Bank Secrecy Act (BSA) and the Anti-Money Laundering Act, including monitoring for any illegal activity as it applies to this position.